PRECIOUS-Gold expands its losses with the rise in shares following the delay on Brexit

March 15 (Reuters) – Gold prices edged down slightly Friday after slipping below the key level of $ 1,300 in the previous session, under the impetus of an increase in sales. Risk appetite while UK lawmakers voted in favor of postponing the country's withdrawal from the European Union.

FUNDAMENTALS

* Spot gold was down 0.1% to $ 1,295.29 at 1:30 pm GMT, a 1% decrease from the previous day.

* US gold futures were stable at $ 1,295.20 per ounce.

* The dollar remained stable against major currencies after being appreciated for the first time in five sessions on Thursday.

* Asian equities posted modest gains on Friday, reflecting improved general sentiment after Brexit vote and while weak yen supported Japanese equities, but a new surge in US trade concerns and China should limit earnings.

* UK lawmakers voted overwhelmingly Thursday to call for a delay in Britain's exit from the European Union, paving the way for Prime Minister Theresa May to redouble efforts to get her divorce deal approved by Parliament next week.

* A summit to seal a trade deal between US President Donald Trump and Chinese President Xi Jinping will not be held at the end of March, as previously stated, as there is still work to be done in the US-China negotiations, said Thursday Treasury Secretary Steven Mnuchin.

* The US Senate reprimanded Trump on Thursday by voting to end his emergency declaration at the border, while 12 Republicans joined the Democrats to take a second blow in the space of several days to the president, who Promptly promised a veto.

* The number of Americans filing jobless claims increased more than expected last week, suggesting that the job market was slowing, while new home sales dropped more than expected in January.

* The Bank of Japan is likely to expect its monetary policy on Friday, but is optimistic that strong exports and manufacturing output will support growth, a heightened risk for overseas countries threatening to sell. jeopardize a fragile economic recovery.

* South Africa's total mining output declined 3.3% in January from a revised contraction of 4.1% in December, Statistics South Africa reported on Thursday.

DATA AHEAD (GMT) 1000 Euro area Consumer Price Index (HICP) (February) 1100 Euro area reserve badets Total (February) 1315 Industrial production in the United States (February) Bank's monetary policy meeting of Japan (March 14-15) (Report by K. Sathya Narayanan in Bengaluru, edited by Joseph Radford)